JAMES F. LEARY

Managing Director

Mr. Leary joined Benefit Capital in 1999. Prior to that he had been Vice Chairman of an automobile and consumer finance company. He also founded and was Managing General Partner of one of the largest venture capital groups in the Southwest. This group consisted of domestic limited partnerships, offshore investment companies for foreign investors and Small Business Investment Companies, partially funded by the US government. He also has headed a closed end, publicly traded investment fund.

Earlier in his professional career, Mr. Leary was Senior Vice President and Chief Financial Officer of the Associates First Capital Corporation, a large financial services conglomerate. Before joining the Associates, Mr. Leary held various positions with CIT Financial Corporation in New York City, as well as its banking subsidiary, National Bank of North America.

Mr. Leary earned his Undergraduate Degree from the School of Foreign Service, Georgetown University, and his Masters Degree in Banking and Finance from New York University. He also attended the advanced Management Program at the Graduate School of Business Administration at Harvard University.

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